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ASK Automotive Limited Forms Strategic JV with AISIN Group for Independent Aftermarket Expansion

ASK Automotive Limited Forms Strategic JV with AISIN Group for Independent Aftermarket Expansion

25 April 2024

On April 24, 2024, ASK Automotive Limited informed the stock exchanges that the company had signed a strategic joint venture with a Japanese OE Auto Components Supplier, AISIN Group Companies. Details of the Partnership  ASK Automotive Limited, the largest manufacturer of brake shoes and advanced brake systems for two-wheelers in India, announced a landmark joint …

Axis Bank Shares Zoomed Over 4% After Releasing FY2024 Results

Axis Bank Shares Zoomed Over 4% After Releasing FY2024 Results

25 April 2024

Axis Bank Limited, one of the leading commercial banks in India, recently released its financial and operational results for the quarter and year ended March 31, 2024. Quarterly Performance During Q4 FY2024, the bank recorded a 15% YoY growth in operating profit to ₹10,536 crore. In addition, net profit stood at ₹7,130 crore, compared to …

Market Movers: Here are today’s high-volume buzzers!

Market Movers: Here are today’s high-volume buzzers!

25 April 2024

At 11:00 am, the BSE Sensex plunged 0.10%, reaching a level of 73,810. The Nifty 50 index is down 0.14% to the 22,370 level. On the Sensex, Axis Bank, State Bank of India and HCL Technologies were among the top gainers, whereas Kotak Mahindra Bank, Hindustan Unilever and Bajaj Finance were among the market draggers. …

Upper Circuit Stocks Today – 25 April, 2024

Upper Circuit Stocks Today – 25 April, 2024

25 April 2024

On Thursday, the benchmark indices were trading in the green with the Sensex up around 190 points or 0.25% at 74,008, while the Nifty-50 was up around 40 points or 0.18% at 22,442. About 2,047 shares have advanced; 1,364 declined and 195 are unchanged on the BSE. Top gainers and losers on the BSE Sensex …

TCS Joined Hands with AWS To Fuel Full-Stack Digital Transformation

TCS Joined Hands with AWS To Fuel Full-Stack Digital Transformation

25 April 2024

On April 24, 2024, Tata Consultancy Services Limited (TCS), a global leader in IT services, consulting, and business solutions, announced through an exchange filing that it had entered into a strategic partnership with Amazon Web Services (AWS). The objective of the partnership is to enhance its customers’ cloud transformation journey at scale. The filing further …

Sterlite Bolsters US Presence with BABA-Compliant Fiber Optic Cables

Sterlite Bolsters US Presence with BABA-Compliant Fiber Optic Cables

25 April 2024

Sterlite Technologies Limited (STL), a global leader in optical and digital solutions, announced significant developments in their US operations on April 24, 2024. STL’s fibre optic cables manufactured in the US are now compliant with the “Build America, Buy America” (BABA) provisions of the Infrastructure Investment and Jobs Act (IIJA). This positions them favourably for …

RITES and DVC Join Forces to Enhance Rail Infrastructure Works

RITES and DVC Join Forces to Enhance Rail Infrastructure Works

25 April 2024

RITES Ltd, a leading Indian transport infrastructure consultancy firm with a proven track record of over 49 years, announced a significant collaboration today by signing a Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC). DVC, a statutory body under the Ministry of Power, plays a crucial role in India’s energy sector, managing a vast …

Dalmia Bharat Recorded a Growth of 15.6% in Installed Capacity During FY2024

Dalmia Bharat Recorded a Growth of 15.6% in Installed Capacity During FY2024

25 April 2024

Dalmia Bharat Limited, one of the leading cement manufacturers, recently released its results for the quarter and year ended March 31, 2024. During FY2024, the company witnessed a growth of 11.8% on a YoY basis to 28.8 MnT. The installed cement capacity rose by 15.6% YoY to 44.6 MnT, and it has been recognised as …

Stock to Watch for the Day: NMDC

Stock to Watch for the Day: NMDC

25 April 2024

Nifty Ends Above 22,400 On Wednesday, the Nifty index closed above the 22,400 mark, but it fell nearly 72 points from its daily high, forming a small-bodied candle with an upper shadow. This indicates that although the Nifty closed in positive territory, it could not sustain higher levels, marking the third consecutive day of such …

Oracle Financials Net Income Soared 23% in FY2024

Oracle Financials Net Income Soared 23% in FY2024

25 April 2024

Oracle Financial Services Limited (OFSS), a leading provider of products and services to the financial services industry, recently released its results for the quarter (Q4 FY2024) and year (FY2024) ended March 31, 2024. Quarterly Performance On a consolidated basis, the company recorded a 12% YoY revenue growth to ₹1,642 crore. In addition, operating income for …

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